Are there any benefits to keeping the money in the Roth 401k over the Roth IRA that I may not be aware of? Currently I don’t know of any. Asset Protection. Under ERISA, employer 401k plan's with common law employees receive full federal anti-alienation protection against creditors except for the IR...

In response to DSInvestor: I will be self-employed until June 2019. Therefore, could I make the maximum $18,500 Roth 401k contributions for both 2018 and 2019 and then shut down the account (at age 31) and rollover the assets to my Roth IRA without penalty? Additionally, could I contribute the maxi...

I find it hard to imagine a MegaCorp actually would get this wrong, remapping funds happens regularly. When we switched MMkt funds for our SME in 2017 we had to send notices and wait and what not. Even though the impact to participants would have been 0 (nobody at our SME 401K uses the MMkt regularl...

What are the caps on the per year change in the ARM? How about the lifetime cap? Given the changes in the tax laws for 2018+, a new mortgage might not be deductible to the same degree based on the amounts mortgaged so that's another question for you to clarify. Personally, I would continue paying t...

What are the caps on the per year change in the ARM? How about the lifetime cap? Given the changes in the tax laws for 2018+, a new mortgage might not be deductible to the same degree based on the amounts mortgaged so that's another question for you to clarify. Personally, I would continue paying th...

We set ours up through Ubiquity in order to have the Roth components and all 4 sub accounts are held at Schwab (DW & I). The yearly fee is $215 which I don't love but at least it's deductible. I'm sure there are cheaper/free options to get the Roth part but in 2007 there weren't. I would NOT use Ub...

Keep in mind holding period may matter, if A-F all are >1 year old (or all <1 year old) no difference, but if B-F are <1 year then short term capital gains rate may be higher than long term capital gains rate if say A was >1 year.

Assuming this was the gain you had in the tIRA before you did the backdoor conversion. You can see if your institution will "sweep" the .63 over to your Roth, you'll owe tax on that when you file. If your financial institution won't send it over, you can just wait till next year (assuming you do a ...

I tried at age 40. One thing I did was take the "Total Immersion" class, it was a 2 day program that really helped provide some class room theory + video recordings underwater. But in the end after making valiant attempts for ~2 years after, I never got much beyond one lap at a time and it never "cl...

FWIW, I can empathize. I really wanted to pay off my mortgage before I turned 40, I paid it off WHILE I was still 40 but felt some disappointment. You have ~5 years to stay the course and work on this, see what happens.

I agree that keys to these posts being helpful is: - The milestone is reachable by a large portion of the community, and is inspirational as a result. - The describes how the milestone was reached, and is educational as a result. On the other hand, posts like these would not fit the bill: - I just ...

Well one person here a few days ago posted a Fed Working Paper ( https://www.frbsf.org/economic-research/files/wp2017-25.pdf ) on the rates of return of everything (e.g. different asset classes) and contributed a result that was surprising to me based on reading here about housing returns not being ...

Using Vanguard, I made a non-deductible contribution to the trad. IRA, money market fund, on 1/2/18. The funds won't post until next Mon or Tues for me to do the conversion to the Roth IRA! Has anyone else run into this mandatory hold on funds Vanguard imposes? In previous years I've been able to d...

Submitted, thanks, I would say if using the form a mod or should go through this thread and mark entries that are being placed here w/ a note saying it won't be entered or someone should quote them and let them know they need to submit.

What are the recommended steps for a Backdoor Roth? (My first year doing it). I think I remember Whitecoat Investor says he plans on doing it on the 2nd and 3rd. Any reason why one can't do it on the 1st and 2nd? Thanks and Happy New Year!! The securities markets are closed in observance of New Yea...

FWIW, I just decided to check Vanguard's "Personal Performance" page, they are computing a higher % increase even factoring contributions: 19.8% vs. 17% when I just compared balances (vanguard has most, but not all, of my funds) and again I'm 70% stock/30% bond and w/in stock 70/30 us/intl.

how are most people calculating returns including contributions? Kind of surprised at how high some of these are given bond allocations of 20-30%... VT total return was ~24%, but that assumes no contributions. contributions throughout the year would decrease that number, as VT rose consistently thr...

I know the math, I literally do not have the contribution data available without combing through the accounts and I didn't feel like doing that. If you want to disregard my post as a result feel free to do so.

I'm ~40% Fed, ~10% CA State, and will be capped in 2018 but hit AMT currently, I moved $15K I had at Fidelity in appreciated stocks into a DAF there. There's a risk I will get limited by AMT this year on that HOWEVER: I would give $15K over about 3 years any how and there is a high chance my ability...

I decided to take about $15K of appreciated stock at Fidelity and put it in a DAF this year, living in a HCOL/high tax CA I figured there's a risk I get some AMT hit this year but next year I'm pretty shafted as a high income single person on the tax bill...

The Three Parts of Nondiscrimination Rules There are three parts to the nondiscrimination rules, according to Robert Richter, VP of SunGard wealth and retirement. These three rules are as follows: Rules ensure that broad coverage is applied to all employees, comprising the 410(b) test. If NHCEs are...

...I'm still studying this, but the only problem I can conceive of is that they'd have to give every employee the same non-elective contribution (perhaps expressed as a percentage of salary), which might make this option undesirable (but not impossible) for the employer? Basically you got it. There...

No reason not to combine overall. At margins, 401Ks often have higher expense ratios and can be changed on your e.g. if your company goes from a plan with low costs to one with higher costs/less flexibility. There may be other secondary reasons for one or the other but potential costs is a big one.

Our law practice uses the new comparability and we have a defined benefit plan layered on top, we can do just shy of $54K into the 401K and another 100K or so per partner into the defined benefit plan.

If I am paid on multiple 1099s the way I understand it is I can have more than one 401k. They question I have is my contribution limit 54k for each one or 54k total? You get one $18K limit, if you had different control groups you might get the opportunity to double up on the remaining $36K ($54-18)...

I don't want to "upgrade" the Roth, log in, and not see the $2M because I'm not on that platform anymore. I'm willing to upgrade everything or nothing, but a partial upgrade makes no sense. Even if you only upgraded one account, everything would be on the same online platform/lists. Just at tax tim...

Are these companies safe? What would happen to the investments if they go out of business? None of these companies directly hold your funds. All of them are third party administrators which partner with a financial institution to actually hold the funds. For example, when we used Ubiquity (not reco...

I will also add to be able to save the most for yourselves you will likely need to add a safe harbor feature to your plan. Again, well worth it. We use the extra $ as a hiring inducement in communicating total salary to employees given that our pay is lower than larger firms but we cover 100% of emp...

Given that you will be the largest contributors + savers in the plan I would be hesitant to sign up for such a large AUM fee. Vanguard/Ascensus also have plans. We use that service for our small law firm and since the partners are the biggest beneficiaries we chose to use Admiral funds and pay the h...

Personally I love the new format so as you can see YMMV. It brought my number of accounts from 6 to 3. For my parents from like 12-15 down to 6. I have yet to experience any errors. Though I do get $0.01-0.05 stranded in my traditional IRA when I convert to Roth for backdoor... As for why VG is swit...